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Johan Sverdrup Phase 2 Plan Approved

May 15, 2019

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project received broad support in Norway’s parliament at the end of April, and today the partnership received the formal approval by the Norwegian Ministry of Petroleum and Energy (MPE)…

Kvaerner to Study Floating Wind Structures

Feb 11, 2019

Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea…

Becker Intros New Sail Tech

Jan 31, 2019

Hamburg-based Becker Marine Systems is now taking another step forward – wind operated vessels.'We will see different hybrid systems on board vessels in the future. There will be ships and services where sailing provides a real option for supporting propulsion…

Exxon, BHP to Develop West Barracouta Gas Field

Dec 13, 2018

ExxonMobil Corp and the world's top miner BHP Billiton said on Thursday they approved development of the West Barracouta gas field in the Gippsland Basin in Australia, to bring fresh gas to Australian domestic markets.Exxon said the project…

Aquaterra to Install Two Platforms for FIRST E&P in Nigeria

Nov 27, 2018

Global offshore engineering solutions provider Aquaterra Energy in conjunction with Maerlin Nigeria Ltd, its local partner, has been awarded a contract by FIRST Exploration and Petroleum Development Company Ltd (FIRST E&P) to design, engineer…

Current News

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DOF Subsea Wins 'Key Award' with Chevron in Australia

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China's Crude Imports Surged 25% in July

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Indonesia's Price Cap Obstructing Gas Projects

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

U.S. Sends First Crude Shipment to Saudi Arabia in Years

U.S. Sends First Crude Shipment to Saudi Arabia in Years

Oil Prices Hit 5-Month High

Oil Prices Hit 5-Month High

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